Businesses broadly positive on likely impact

A survey at a business breakfast yesterday found that 73% of business leaders felt the budget would be either positive or have no negative impact on their business.

The survey at PricewaterhouseCooper’s Budget 2013 breakfast found that of the 500 attendees, 25% said the budget would have a positive impact on their companies. Half felt the right balance had been struck between cutting the country’s deficit while protecting fragile economic growth.

PwC’s head of tax, Feargal O’Rourke, said business leaders were relieved to hear that the corporation tax would continue to be protected.